Rep. Sherman Says U.S. Needs to See N. Korea Freeze Mass-Destruction Weapons Creation

The transcript discusses US-North Korea negotiations, focusing on nuclear disarmament and the potential for a peace declaration. It highlights the impact of domestic challenges on foreign policy, including Michael Cohen's testimony. The role of China in North Korea's trade and its influence on US trade negotiations is examined. The transcript concludes with a discussion on US monetary policy and the role of Fed Chair Jerome Powell.

What is the minimum expectation from North Korea according to the US negotiators?

• Immediate denuclearization

• A freeze in the creation of additional weapons

• Complete disclosure of nuclear weapons

• Increase in trade relations

Why does Kim Jong-un desire a peace treaty with the US?

• To gain international recognition

• To increase economic trade

• To undermine US-South Korea military presence

• To promote global peace

What domestic issue is mentioned as a distraction for the US President?

• Healthcare reforms

• Michael Cohen's testimony

• Immigration policies

• Environmental regulations

What is the impact of eliminating joint military exercises with South Korea?

• Increases military spending

• Improves diplomatic relations

• Undermines US-South Korea alliance

• Strengthens US defense posture

What is the role of Chinese banks in the context of North Korea?

• They only deal with South Korea

• They are completely uninvolved

• They facilitate trade with North Korea

• They support UN sanctions

How does China's influence on North Korea affect US trade negotiations?

• It strengthens US bargaining power

• It leads to capitulation in negotiations

• It has no effect

• It improves trade relations

What issue did the congressman focus on during the Fed chair hearing?

• Stock market predictions

• Inflation rates

• Secure system for wire transfers

• Interest rate adjustments